Abstract

The application of bonus to the hastening of the time fixed by the original contract for the payment of a life assurance policy, and the using of it to extinguish the premiums payable during the latter years of life, are systems, which, partly from their growing favor with the public, and consequent adoption by many offices, and still more from the fact, that the subject is by no means exhausted, notwithstanding various able articles that have appeared in this Journal, seem to me to render apology unnecessary for again treating of it.

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